Us Treasury 30 Etf Price on September 5, 2023
| UTHY Etf | 43.90 0.43 0.97% |
If you're considering investing in UTHY Etf, it is important to understand the factors that can impact its price. As of today, the current price of US Treasury stands at 43.90, as last reported on the 12th of December 2024, with the highest price reaching 44.32 and the lowest price hitting 43.89 during the day. US Treasury 30 retains Efficiency (Sharpe Ratio) of -0.13, which indicates the etf had a -0.13% return per unit of price deviation over the last 3 months. US Treasury exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate US Treasury's Standard Deviation of 0.8569, mean deviation of 0.6425, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
UTHY Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
UTHY |
Sharpe Ratio = -0.1292
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | UTHY |
Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average US Treasury is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of US Treasury by adding US Treasury to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
US Treasury Valuation on September 5, 2023
It is possible to determine the worth of US Treasury on a given historical date. On September 5, 2023 UTHY was worth 42.7 at the beginning of the trading date compared to the closed value of 42.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of US Treasury etf. Still, in general, we apply an absolute valuation method to find US Treasury's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of US Treasury where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against US Treasury's related companies.
| Open | High | Low | Close | Volume | |
| 43.22 | 43.35 | 43.14 | 43.16 | 1,100 | |
09/05/2023 | 42.70 | 42.70 | 42.55 | 42.55 | 900.00 |
| 42.77 | 42.77 | 42.67 | 42.68 | 2,500 |
| Backtest US Treasury | | | US Treasury History | | | US Treasury Valuation | Previous | Next |
US Treasury Trading Date Momentum on September 5, 2023
| On September 06 2023 US Treasury 30 was traded for 42.68 at the closing time. The top price for the day was 42.77 and the lowest listed price was 42.67 . The trading volume for the day was 2.5 K. The trading history from September 6, 2023 was a factor to the next trading day price jump. The trading price change against the next closing price was 0.31% . The trading price change against the current closing price is 0.47% . |
About US Treasury Etf history
US Treasury investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for UTHY is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in US Treasury 30 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing US Treasury stock prices may prove useful in developing a viable investing in US Treasury
US Treasury Etf Technical Analysis
US Treasury technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
US Treasury Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
US Treasury 30 cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
US Treasury December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how US Treasury etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading US Treasury shares will generate the highest return on investment. By undertsting and applying US Treasury etf market strength indicators, traders can identify US Treasury 30 entry and exit signals to maximize returns
US Treasury Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for US Treasury's price direction in advance. Along with the technical and fundamental analysis of UTHY Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of UTHY to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 0.834 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US Treasury 30. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of US Treasury 30 is measured differently than its book value, which is the value of UTHY that is recorded on the company's balance sheet. Investors also form their own opinion of US Treasury's value that differs from its market value or its book value, called intrinsic value, which is US Treasury's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because US Treasury's market value can be influenced by many factors that don't directly affect US Treasury's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between US Treasury's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Treasury is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Treasury's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.